76901
San Angelo, Texas

The 76901 ZIP code recorded a median sale price of $275,000 as of February 2026, representing a substantial 25.1% year-over-year increase that outpaces most Texas markets. Properties are moving at a moderate pace with an average 62 days on market, while notably zero percent of homes sold above asking price. This disconnect between aggressive price appreciation and the absence of bidding wars suggests the recent gains may reflect catch-up pricing rather than current competitive pressure among buyers.

This environment favors patient buyers willing to negotiate, as the 0% above-list statistic indicates sellers have limited pricing power despite last year's gains. Cash investors seeking rental properties may find opportunities given the two-month absorption period allows for thorough due diligence without intense competition. Sellers who purchased before 2025 can still capture significant equity, but those expecting bidding wars will likely need to price at or below market to attract serious offers within the 62-day average timeline.

The PropIQ score of 55 signals caution about sustaining the 25.1% appreciation rate into 2026-2027. Markets exhibiting rapid price increases without corresponding buyer urgency typically face correction pressure or extended stagnation periods. Monitor inventory levels and whether days-on-market begins extending beyond 75 days, which would confirm weakening demand. The absence of above-list sales suggests this market has already transitioned from seller-favored to neutral, with potential downward movement if economic headwinds emerge.